Bitcoin's price on May 21, 2025, is around $106,345.07, with a bullish short-term outlook. Technical indicators like the 50-day and 200-day moving averages suggest upward momentum, and market sentiment is optimistic due to institutional interest and ETF inflows. However, a potential pullback to $94,200-$98,000 is possible if support levels weaken. Expect volatility with a slight upward bias today.
This chart displays Bitcoin's price from May 14 to May 21, 2025, based on recent data points, with a current price of $106,345.07. It includes key support ($98,287) and resistance ($100,321) levels, reflecting the bullish momentum and potential consolidation zones mentioned in the analysis.
